What economists can teach us about cloud computing

Just as Jevons would have predicted, users who found traditional IT pricing burdensome and cloud computing on-demand pricing congenial have begun finding vast new uses for computing, based on the cloud’s lower costs. Applications that could never have been cost-justified under traditional IT economics suddenly become affordable.

(Full Story: http://www.computerworlduk.com/in-depth/cloud-computing/3456682/what-economists-can-teach-us-about-cloud-computing/ )

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